ARMRUSGAZPROM'S DIRECTOR: ARMENIA MAY BECOME A TRANSIT<br /> COUNTRY FOR EXPORT OF NATURAL GAS<br />


ARMRUSGAZPROM'S DIRECTOR: ARMENIA MAY BECOME A TRANSIT
COUNTRY FOR EXPORT OF NATURAL GAS

  • 31-10-2006 20:10:00   | Armenia  |  Economy
YEREVAN, OCTOBER 31, NOYAN TAPAN. Armenia may become a transit country for the export of natural gas, but it is not yet clear when this may happen. Chairman of ArmRusgazprom company's board, General Executive Director of the company Karen Karapetian expressed this opinion at the October 31 press conference. Speaking about the Iran-Armenia gas pipeline, K. Karapetian said that no second section of this gas pipeline exists. The matter just concerns the extension, or increasing the capacity of the gas transportation system of ArmRusgazprom, which will allow to transport the Iranian gas from Kajaran to Yerevan - to the Hrazdan Thermal Power Plant. Initially 300-400 million cubic meters of gas will be imported annually, while later this amount will increase to 2.3 billion cubic meters. According to K. Karapetian, ArmRusgazprom did not submit any written application to the Armenian government about the operation of the Armenian section of the Iran-Armenia gas pipeline, this issue was discussed verbally. It was mentioned that 1,753.47 km of gas pipes and 11,474.36 km of distribution networks are on ArmRusgazprom's balance.
  -   Economy